Antonis Samaras insisted Tuesday he believes "there won't be a
problem" in reaching an agreement with representatives of the
European Commission, European Central Bank and International
Greece nearly went bankrupt in 2010, and has since relied on a
massive rescue loan program, conditional on harsh spending cuts and
tax hikes to balance its budget.
Samaras' government and representatives of the three creditors are
locked in talks over required measures for next year. Late Monday,
Finance Minister Yannis Stournaras said creditors are demanding
about 1 billion euros ($1.35 billion) in additional cutbacks.
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